26 Feb 2023

Ultrasound does not matter for 'smart blockchain tokens'

Deflation does not increase token returns with staking.
Crypto owners are notoriously fixated on supply schedules when discussing tokens. In the original discussion, bitcoin vs. regular fiat currencies for use as money, the almost impossible-to-manipulate supply schedule is a key value proposition of bitcoin. With Bitcoin’s proof of work consensus mechanism, the pre-determined supply schedule tells you how much your current holdings will be diluted in the future. And, in a world where ‘the money printers’ continued working overdrive, the converging bitcoin supply would make bitcoin more attractive money for general use.
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